SMEClosed

Manglam Infra and Engineering Limited IPO Subscription Status

📅Offer Date: 24 Jul 2024 – 26 Jul 2024

Minimum investment
₹1,12,0002000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total394.59x
QIB0.00x
NII0.00x
Retail371.72x

Manglam Infra and Engineering Limited IPO was subscribed 394.59x in total when bidding closed on 26 Jul 2024, with 0.00x in the QIB category, 0.00x in NII, 371.72x in retail. The issue ran from 24 Jul 2024 to 26 Jul 2024 at a price band of ₹53.00–₹56.00 per share.

QIB0.00xNII0.00xRetail371.72xTotal394.59x1×

Times subscribed by category against the 1× line.

372
≈ 1 in 372 retail allotment
low allotment chance

Based on retail subscription (371.72x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail15,44,00057,39,35,680371.72x
Total30,86,0001,21,77,04,740394.59x
QIB / NII8,82,00000.00x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail8.653214.04371.72x
QIB / NII4.94—0.00x
Total13.593214.04394.59x

Values derived from share count × issue price (₹56.00)

What this means for allotment & listing

Because Manglam Infra and Engineering Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Manglam Infra and Engineering Limited IPO subscription FAQs